IASB
Differences between the US Generally Accepted Accounting Principles and International Finance Reporting Standards accelerate in 2024 annual reports. CFA Institute is vigorously advocating for convergence to be put back on standard setters' agendas.
Revised guidance on recognizing revenue from long-term contracts goes into effect in 2018. Now is the time to prepare for the potentially significant impact of the changes.
Revised accounting guidance is now available under US GAAP and IFRS for analyzing and comparing the credit risk of banks. The question is whether the new models will actually help investors.
Our study, “Watching the Top Line: Areas for Investor Scrutiny on Revenue Recognition Changes,” will help investors know what warrants closer analysis.
The International Accounting Standards Board needs investor input on what it should work on to improve financial information for users of financial statements (i.e., investors).
Vincent Papa, CFA, offers insights on a European Commission report and an international panel’s review on IFRS suitability.
Findings in a recently published academic research paper align with our member survey results, and support IASB and FASB proposals to update their lease accounting standards.
Now that standard setters know what investors want in their financial reports, can they make them truly less complex?
IASB’s Stephen Cooper discusses the evolution of the “other comprehensive income” statement and why it warrants investor attention.
Assessing derivatives exposures can be challenging because of incomparable, incomplete, and fragmented disclosures within financial reports.
CFA Institute supports financial statement presentation reforms but is concerned that proposed updates primarily reflect preparer sentiments.
In an interview with CFA Institute, the IASB discusses new disclosure requirements designed to yield better information about financial instruments-related risk exposures.
New CFA Institute study finds key differences in how banks disclose fair values of loans and write off bad or “impaired” debt across the EU, US, Japan, Canada, and Australia
New revenue recognition rules will bring sweeping changes to company accounting practices and create a learning curve for investors.
The financial crisis provided a watershed moment for enhancing the transparency of banks.